Manufacturing AUTOMATION

Real gross domestic product up in January: StatsCan

March 30, 2012
By The Canadian Press

Statistics Canada says that real gross domestic product edged up 0.1 percent in January, driven by strength in manufacturing, as gains slowed from a 0.5-percent rise a month earlier.

The agency says gains in manufacturing in January were partly offset by a decline in oil and gas extraction.

Manufacturing was up 0.7 percent in January, a fifth straight monthly increase. Production of durable goods rose 0.8 percent, with higher output of fabricated metal products, transportation equipment and wood products. Production of non-durable goods advanced 0.6 percent on the strength of chemical and food production.

There were also increases in the finance and insurance sector, utilities, wholesale trade, some tourism-related industries and the public sector.

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Decreases were recorded in forestry and logging, arts, entertainment and recreation, as well as in construction.

Primary metal manufacturing slipped partly because of a labour dispute at an aluminum smelter in Quebec.


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